🟢 XAR is trading 3.3% up today on RTX's record Raytheon radar order from Blue Raven

XAR is trading 3.3% up today as RTX's Raytheon unit secured a record 120-unit order for its SharpSight radar system from Blue Raven, boosting sentiment across the aerospace and defense sector.

• The major contract win for Raytheon is driving the ETF to outpace broader market gains in the industrial sector.
• A broader market rally triggered by U.S.-Iran de-escalation talks and falling oil prices is further supporting cyclical sectors and easing inflation fears.